- U.S. construction spending rises marginally in July
Notícias do Mercado
1 setembro 2020
U.S. construction spending rises marginally in July
The Commerce
Department announced on Tuesday that construction spending edged up 0.1 percent
m-o-m in July after a revised 0.5 percent m-o-m drop in June (originally a 0.7
percent m-o-m fall). This marked the first monthly gain in construction
spending since February.
Economists had forecast
construction spending increasing 1.0 percent m-o-m in July.
According to
the report, spending on private construction rose 0.6 percent m-o-m, while
investment in public construction declined 1.3 percent m-o-m.
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